What The Next Crypto Bubble Will Be

in crypto •  6 years ago  (edited)


Bitcoin futures expire tomorrow.

The next bubble will be crazy; you got a product? You get a pump!

I learned not to trust sentiment. How many times has it felt the crypto world would end?

We just got blockchain, and people are already saying not to trust humans; we still need humans.

As soon as these dApps start turning a profit and the demand for the coin comes from users, not speculators, there will be another speculation bubble; the real bubble is at ten trillion market cap.

We're all going to the same moon.

Best/random comments get a Steem Monsters booster pack!

Congrats to NLC for putting the whole HitBTC/Bittrex memes in the past.

Bitcoin is banking 2.0.


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I believe the FIAT will still be around for some time. However, the more people Opt OUT of FIAT and Opt into Crypto’s, the Grisham’s law (bad money driving out the good) will be executed. This phase has just started.

To me the next good “bubble” is the crescendo of Crypto Opt Ins.

Like you said when people realize they've been bamboozled on bitcoin dying the reversal of the mainstream crowd from jumping ship to FOMO on Bitcoin/Cryptos is going to be epic. 😁

Congratz! Sending you a Steem Monster booster pack!

  ·  6 years ago (edited)

Thank you @dhenz!

Do you like the new design of the steemmonsters site? I think they did a good job.


p.s.

Holy shit @dhenz you got a lucky hand... I just got a legendary Frost giant!!!!! What luck.

You're the man!!!!!!!!!

frost giant.jpg

Wow! Congrats! Haha I have opened almost 200 packs and never got a legendary, very lucky.

And yes the website got a complete make over, i like the sound effects when opening the cards.

I have opened almost 200 packs and never got a legendary

Damn dude, that's the worst luck I've heard from any pack openers. I got about 12 from 110 on my stream last night.

Let's hope you're more lucky with your Steem investment. :D

Excited about your new video, checking it out now.

I gave all the luck to @direwolf haha - 12 in 110 packs is running hot! I am going to get another 110 packs before the presale is over, wish me luck!

Yeah was thinking of doing the same. :D good luck!

Funny how that works, sometimes one pack is all it takes.

Somebody got a golden foil Frost Giant the other day by a giveaway from @o07.

You were certainly right about August. I just checked:
Aug 2014Aug 2014.png
Aug 2015Aug 2015.png
Aug2016Aug 2016.png
Except for 2017 (all August seemed to be profitable).

There is a certain truth in numbers and as you said in the video that this thing turns around so fast that it will leave our heads spinning. This month was bear and maybe next few will be as well. But the simple truth of crypto's history indicates that the whole trend has the potential to turned up on its ass - bear today but bull tomorrow.

Great find!

  ·  6 years ago (edited)

Thanks :-)

Solid knowledge, @dhenz!

I've also watched this video today about miners in the US.

You might find it interesting.

  ·  6 years ago (edited)

This video is a subterfuge torpedo attempt by the maintstreet media on Cryptos saying it uses too much electricity. However, they never discuss how FIAT costs much more in vaults, brick and mortar banks, security systems, fraud, central bank systems, dollar printing, cost of exchanges to the poor trying to send money via the criminal Western Union....not a balance viewpoint, IMHO.

Every viewer sees it's own reality. What I found interesting in the video is the fact that for those infrastructure providers regarding mining, if for whatever reasons the bubble would implode and mining wouldn't be needed anymore - there are other sectors (like AI) where computing power is needed, which indirectly will help crypto mining by reducing the risks.

Implode and mining not being needed is possible but not probable and there's a big difference between the two.

I'm aware of that. Both options are very unlikely for me at this point in time. And I shared the video to showcase the investments being made into mining in the US.

Thanks for the link.

Too bad I can't watch this video in Canada. My son has a nice comp. I think we could be mining something helpful with somehow.✌❤

I don't know much about mining nowadays, but most miners now use what is called ASIC, application specific integrated circuits, which means that our general purpose computers, no matter how powerful, aren't cutting it anymore.

If you want to mine something, start by searching for non-asic profitability and see what you come up with c;

Greatly appreciated info in your reply @ecoinstant. Thank-you!!

My pleasure! I wouldn't mind reading an article about what you find!

I think the crypto market is gonna rise by the end of the year like before, maybe not as MUCH but close to it. We just have to wait . POSITIVE VIBES ONLY

Enjoying the process unattached to an outcome is how I play this life. :)

Exactly, i started to just sit back and relax. Before i used to panic and sell

I recently had a dream that steem Price will be $500 soon and I even made a post about it, so I believe that the next crypto bull run will be massive.

I hope your dream become true

Sadly I'm more and more convinced that no such thing as "next crypto bull run" is going to happen anytime soon.

Hype can't fool the mainstream twice.

If extreme price changes happen, that must be in a different crypto market than that of the last time. It takes years.

Posted using Partiko Android

It doesn't matter how long it takes, actually the longer it takes, the more the believers investing on regular basis will profit.

Sadly it seems to me that there are impatient masses, as usual.

I mean, basically I'm with you and I agree, but I can only hope that the others won't cause yet another pump and dump scheme.

true

OK. It might take years, but it will still happen, we are prepared.

No one knows for sure, I see the writing on the wall though, not if but when - IMO.

Yes @dhenz.

500steem is more like 50years out, i dont know if steem will be here 5 years from now much 50.

Well, given it's somewhat decentralized nature, it can stay for longer with less costs like Facebook or Reddit, for instance.

Dream big!

Yeah, the dreams gets bigger anytime I dream.

Will loans, mortgages and savings also get a place on the blockchain? Any banks preparing the switch? Maybe in a next vid and I will do some research myself too, before I invest more than my initial 4K (@powernap). Thx for the vid!

Sure I can talk about that in next vid.

Every bear market has an end. Bitcoin sets higher highs and higher lows. Feels like we don't have anymore weak hands to shake and price has established a strong support line. I see the only way is up!!

Just wait for the next recession. The economy has been propped up by the banks worldwide and they will soon no longer be able to delay the inevitable. When that happens bitcoin will become the new gold standard and true adoption will begin.

The ETF will bring insane price increase and steemit and d.tube and other SMT based products will take crypto mainstream as users will be able to get their first bit of crypto free just for making quality content

Publishig a whitepaper and calling "moon" is not enough anymore. In in 2018 you need to deliver. That is good.

Great video, i hope blockchain takes over waste management too. Centralized accountability systems are failing to prevent the small few from externalising pollution for profit which will end up costing much more than any currency can pay for.

Aggregation is the new buzz word I am coining right now. Example: I don't want to have to go to 5 different video content platforms to see all my favorite content creators so I need a meta platform that serves me from all the various video platforms popping up. Same for social media etc.

SoMee is doing something like that

💪🏋️‍♂️🎍Yeah @dhenz! ❤ Let's manifest the highest potential. Shall we? 😁

  ·  6 years ago (edited)

I’m in crypto for life! Let’s start going to the moon baby!! 🚀 🌝 🤣 ... p.s. get your monster cards ready, I’m ready for battle next month 😬

Resteemed

Challenge excepted.

💪🏼🙌🏼💯

It may take a little time, but the crypto space will pass the $1 trillion mark on the next bull run and there will be no turning back below that point. $1 trillion will turn into the new support at one point.

agreed

The new bubbles will be......1) when mainstream realization they have been lied to sinks in and 2) When someone makes fiat/crypto OTC available to the 3rd world and nations led by despots.
So I say........buy #BitCoin , #LiteCoin , #Monero , #DASH #DigiByte, #Steem and #PryvateCoin ....because Pryvate plan to add all those and others like LTC, ADA & DGB into the Exchange (Fiat /crypto OTC & Trading) as well as the wallet (hot and cold) on their triple encrypted, hybrid-decentralized , point to point app.....and it has anti-blocking designed for use by people constrained by despots ......so besides ending govt snooping for all, the perfect secure comms, wallet and trading app for Venezuela, Zimbabwe, and Nth Korea.

They also allow people in these poor countries (and anywhere else) to earn a living as they will be airdropping 40 pryvatecoin to each download/account and giving 8 PVC per referral in a few week when the next release comes out with the Exchange & more functional wallet.

Great job as usual 👍

Just pile on the steem as much as you can. At least, that's what I'm doing. Perhaps, we won't see a bull run this year... But with the changes coming soon, I believe the good times will soon be here again.

PhUk an A............ to the moon Alice! Enjoyed!

I don't know where this crypto train is headed, but I know the traditional fiat train is about to jump the track.

That old fiat train is look jankey AF ;)

Good stuff Dan, thanks for the knowledge!

20180831_141321.png The train has not left the station just yet... just sit here and eat !popcorn until then

haha nice meme!

Thanks, nice move with the SP!

For the coming year, people need to be paying attention to the markets and ready to move fast. Unless you are already pre-positioned in a few good coins (everyone has their differences of opinion here, but Top 20 Market Cap are good choices), I think we'll finally start to see some major disruptions of the broader financial markets and currency crisis that people have been expecting for so long. When the current USD system starts to fall apart, having your money in the correct positions and moving it to where it will give you the best returns could get tricky. Markets move so fast that it's hard to keep up. For the most part, I stay in physical silver and some cryptos. Keeping dollars in the bank seems like just asking for trouble.

Don't forget Steem! Although Steem should be top 20 soon enough.

Thanks, for this encouraging dtube video, Dan.

My wife (a crypto and blockchain enthusiast) introduced me to Steemit, where I've been sharing my writing for almost a year.

Her next big idea is to put my sayings on tshirts and sell them using blockchain. I might mention some have gone viral, are taught in classrooms and translated, internationally. But, this would be first time for this penniless poet to 'make a business' out of them (outside of my books, of course).

Below, is a selection of my sayings:

If you enjoy them, kindly, let me know if you have any advice for me :)

Cheers, Yahia

PS - Also, if you're interested, I'd be happy to gift you ecopies of my books

Interesting, I was also looking at getting into the clothing business, let me know how it goes!

Still in the brain-strumming phase :) I sent you my email, via Steem chat, in case you might be interested in collaborating? Here it is, again: [email protected]

It's funny because listening to you I thought to myself : "there is not any cyberpunk dystopian futur anticipation novel or book that predicted the blockchain" it was always Megacorporation vs the World. But now with this technology our futur is safe.

So true. Blockchain is no ment to get us to a Fiat moon. All this speculators are USD lovers and its good they are all getting burned right now. Btc and other great projects like steem are here to free us from the corruption and mass control we are currently in. Long live to freedom and Blockchain. The moon is free, for all of us. Cheers.

Community needs to stop worrying so much about the price and rather consider the implications of Blockchain technology. This price nonsense simply clouds out the signal with noise.

I feel the same way. For things like Bitcoin, as a store of value, the price actually plays a big role in it's survival. For Steem, the price does not matter as much because when the price is low you simply earn more Steem. Also, the fact on Steemit we do not need tokens to utilize the platforms censorship resistance.

Totally agree. Simplicity in necessary and efficient use case of advanced projects will lead to greater utilisation of these working products...even if the masses dont understand or know what they are actually interacting with.

everything will run on general purpose blockchain =nexus+satellite mesh network

I got my BTC @ $6100... ready, set, go go go

Digibyte is the real Bitcoin, it's bockchain is far superior to almost all other digital currencies.. It uses 5 equally-weighted mining algorithms, each with it's own difficulty adjustment.. This completely eliminates 51 percent attacks and hostile hard forks, which have plagued other cryptocurrencies.. With block times of 15 seconds, and full transaction confirmations within 1.5 minutes, it is truly the payment instrument that could be used to buy the cup of coffee, and small everyday purchases in shops.. It is so inexpensive to use as far as fees go that you’d be able to get away with your $4 cup of coffee costing you $4.000001, which is genuinely not even worth mentioning the fee at that price... Also, many don't even realize that DAPPS and SMART CONTRACTS can and are being built on top of the platform as we speak... It was the first major altcoin to successfully activate segwit.. It is 40 times faster, 5 times more secure, and more scalable than Bitcoin.. By 2020 the team has stated that 2000 transactions per second will be achieved, with much more after that.. The more I learn about this coin, the more interesting it gets.. With the price hovering around 3 cents right now, this is an excellent, strategic medium to long range hold that will make many people a lot of money.. Many altcoins will die and get sorted out, this will not be one of them.. Start building a position now, and just keep adding to it whenver you can as long as these prices are where they are.. Put a sell order in around $.50 to $1.00 and reap 15-30 times gains, probably within a year.. Your welcome..

Screw the futures, screw the ETF - It's all attacks on bitcoin to contain the price and keep it low. The USD is UNLIMITED, there's no max supply on that coin! It seems so obvious, but no one cares. I can't convince my friends or family. They just can't see it. I envision a world where things are priced in btc or bits. A true sound money. That's success... and I hope to see the day. Cheers.

@dhenz great to see new investors and creative content producers come to our platform. I hope to someday be able to provide larger upvotes for creators like you that contribute to the Steemit platform. The upvotes are courtesy of @dynamicrypto who likes your content and is now a follower.

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look like a real hero.

  ·  6 years ago Reveal Comment

Moon soon!

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Bitcoin is like gamble, it made some people rich and also made some distroy...

I bought some ethers recently to prepare for the next bubble. Bitcoins are a little expensive for me.

Hopefully that next bubble involves Steem’s value increasing more!

Posted using Partiko iOS

Steem is primed for the future bull run or not. The usecase of Steem is just too important in this day and age to ignore.

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I would rather go to Mars​ instead​ of the ​ moon

Strap in!

Strapped in and ready to take off xD

@dhenz, I'm waiting for the continuation of the topic

Ride the tide. Invest in projects with usecase like BTC, ETH, STEEM, XLM ex. No more lmaocoins pls

I love free markets and love Bitcoin and all of this.

I agree with everything you say, except about not "feeding the beast." Unless you feed the beast some crumbs, by occasionally using Youtube, Facebook and Twitter, etc, it's difficult to get new recruits for Steem. :)

That is true. I quit my YouTube channel out of principle and I am confident I can find other ways to get people to join.

I am confident you can too, as Youtube is only one way to access the masses. But you gotta keep some way to access them, maybe Twitter. :)

I still use Twitter, but I will be traveling to crypto meet up and talks, when there is a will there is a way. Plus, YouTube won't be nearly as popular in a few years ;)

As Bruce Lee said, never take your eyes off your opponent. Never underestimate him. If ever there was a Goliath opponent, it's Google. But I'm backing David, I'm backing you. :)

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It might take some time for the masses to realize that crypto is the opportunity we need to democratize and streamline a huge range of services. The real question is what does it take to tip the sentiment.. A pump to the moon? Maybe a crash in traditional markets?

Hopefully this next pump results in projects with real applications pumping while leaving the skeleton projects behind.

Sentiment changes like the wind, isn't hard to move the masses in either direction. Bitcoin was considered dead last year in August, the sentiment wrong then, and I believe it is wrong right now.